Commercial Accountant

Join Indigo Brands, a leader in the personal care and beauty industry, where we create, market, and distribute globally recognised brands like Yardley, Lenthéric, Exclamation, English Blazer, and Gorgeous. As part of AVI Limited, we offer a fast-paced, innovative environment that values teamwork, excellence, and customer-centricity. At Indigo Brands, your contributions will be recognised, and you’ll have the opportunity to grow with a passionate team committed to success. With diverse career paths and a culture of collaboration, we foster an environment where everyone can thrive.

Why Join Indigo Brands?

• Industry Leadership: As a top cosmetics producer in Southern Africa, we lead with trusted, innovative brands.
• Collaborative Culture: We value teamwork and accountability, with every contribution driving success.
• Commitment to Excellence: Our high standards empower employees to achieve their best.
• Career Growth: We support professional development and offer diverse career paths.
• Accreditations: Indigo Brands is ISO accredited and boasts a five-star NOSA rating.

Your Next Career Move Starts Here! Join Indigo Brands in Epping, Cape Town as a COMMERCIAL ACCOUNTANT and play a key role in ensuring robust financial control and accurate accounting of trade spend, while supporting commercially focused and profitable decision-making. The role partners closely with the Commercial team, providing financial insight and ensuring customer spend, promotions, rebates and other commercial activities remain within agreed budgets and company-mandated limits.

Reporting Structure:

• Reports to: Commercial Manager

Key Areas of Impact:

Maintenance of Trade Term Agreements

• Maintain accurate and up-to-date Trade Term Agreements for all customers.
• Manage Trade Term Agreements and applicable accrual percentages within SAP.
• Review and approve Trade Term deductions in line with agreed customer terms.
• Perform monthly Trade Term accruals and reconciliations, investigating and resolving variances where required.

Incentive Calculations

• Calculate quarterly and annual Sales Growth Incentives in accordance with agreed commercial terms.
• Maintain accurate Growth Incentive accruals and perform monthly reconciliations.
• Raise accruals for Consultant Commissions
• Process adjustment journals relating to incentives, ensuring accurate and timely financial reporting.

Manage Fixed Trade Spend

• Liaise with Key Account Managers (KAMs) to confirm and validate monthly trade spend.
• Prepare and raise monthly Fixed Trade Spend accruals.
• Review, assess and process accrual adjustments to ensure trade spend is accurately reflected in the financial records.

Pricing

• Update the monthly Master Pricelist following approved Marketing and Finance inputs and communicate changes to relevant internal stakeholders.
• Maintain Promo Mandates in SAP, ensuring pricing and promotional information is accurately captured and maintained.

Budgets and P&L’s

• Load quarterly Sales Budgets into SAP accurately and within agreed timelines.
• Perform Marketing P&L calculations and provide supporting financial analysis as required.

Relationship Management

• Foster strong and collaborative relationships with Commercial teams to facilitate effective communication and financial support.
• Partner with key stakeholders to ensure trade activity follow-ups, queries and financial matters are addressed accurately and timeously.

What It Takes to Succeed:

Experience that set you up for success:

• Minimum 2 - 3 years’ experience working as an Accountant
• Previous FMCG / Retail / Manufacturing industry experience is an advantage
• Commercial Finance experience would be an advantage

Qualifications & Certifications that will contribute to your success:

• Grade 12 / Matric
• BCom Degree in Accounting or related field

Additional Requirements that will enhance your impact for success:

• Strong working experience on SAP and Excel is required